Compared with the same month in 2019, sales of wholesale trade in September 2020 increased 8.2% to NT$952.1 billion while retail sales in September 2020 increased 2.9% year-on-year to NT$320.6 billion.
Taiwan's industrial production index increased 10.73% in September 2020 compared with the same month in 2019.
An economic think tank is getting more optimistic about the local economy.
Approved foreign direct investment (FDI) in the first nine months of 2020 has surpassed US$6 billion, according to a report by the Ministry of Economic Affairs' Investment Commission.
Taiwan's export orders set a monthly record high in September 2020, rising by almost 10% from a year earlier, on the back of solid demand for consumer electronics, according to a news report on CNA, citing the Ministry of Economic Affairs (MOEA).
The ongoing drought in the south is likely to affect agricultural irrigation.
Premier Su Tseng-chang has waded in the disputes over influenza vaccinations, saying infants and those aged beyond 65 should get the shot first.
The International Monetary Fund (IMF) raised its forecast for Taiwan's gross domestic product (GDP) for 2020, on the grounds that Taiwan is performing better than most other countries at dealing with the health and economic impact of the Covid-19 pandemic.
Taiwan's consumer prices fell for the eighth straight month in September compared to the same month in 2019.